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During the past two years the shale gas exploration in Southern Sichuan basin received some exciting achievements. Data of a new appraisal well showed that the gas producrtions of vertical well and horizontal well are ~1.5 104 m3 /day/well (with maximum ~3.5 104 m3 /day/well) and ~12.5 104 m3 /day/well (with maximum ~40 104 m3 /day/well), respectively, indicating a good gas potential in this area. Eight core samples from the reservoir were investigated by using a carbon sulfur analyzer, microphotometry, x-ray diffractometry, field-emission scanning electron microscopy (FE-SEM), mercury injection porosimetry (MIP), and low-pressure nitrogen adsorption to obtain a better understanding of the reservoir characteristics of the Upper OrdovicianeLower Silurian organic-rich shale. Results show that the total organic carbon (TOC) content ranges from 0.5% to 5.9%, whereas the equivalent vitrinite reflectance (VRr) is between 2.8% and 3.0%. Pores in the studied samples were observed in three modes of occurrence, namely, interparticle pores, intraparticle pores, and intraparticle organic pores. The total porosity (P) ranges from 1.6% to 5.3%, and MIP data sets suggest that pores with throats larger than 20 nm contribute little to the pore volume. Low-pressure N2 adsorption isotherms indicate that the total specific surface area (SBET) ranges from 9.6 m2 /g to 18.9 m2 /g, and the pore volume (V) ranges from 0.011 cm3 /g to 0.020 cm3 /g. The plot of dV/dW versus W shows that the fine mesopores (pore size(BJH) < 4 nm) mainly contribute to the pore volume. The P, SBET, and V show a good positive correlation with TOC and a weak positive correlation with the total clay mineral content, thus indicating that the nanopores are mainly generated by the decomposition of organic matter. The reservoir characteristics of the Upper OrdovicianeLower Silurian organic-rich shale are comparable with commercial shale gas plays in North America. The sample gas contents with TOC >2% are more than 3.0 m3 /ton. The observation can be a good reference for the future exploration and evaluation of reservoir in this area.